Property Description

Historic Jamestown Gem - 10%+/- Cap Rate Turnkey DuplexRare investment opportunity in the heart of Historic Jamestown, TN. This single-level duplex is completely remodeled and offers an impressive double-digit return, making it perfect for a portfolio addition or a ''live-in'' setup where the other unit pays your mortgage.Key Features:Immediate Cash Flow: Both units are spacious and currently leased. Total property production is approximately $40,000/year.Bonus Amenities: Includes an attached garage ($200/mo) and a dedicated storage unit ($100/mo) currently generating additional monthly revenue.Recent Upgrades: Features a 2-year-old roof and fresh interior remodels for a maintenance-free transition.Extensive Parking: Expansive paved area with ample room for multiple vehicles or potential for future carport expansion.Prime Location: Ideally situated ''close to everything,'' offering quick access to local shops and Jamestown's historic landmarks.The Opportunity: Fully managed and ready to take over. This property combines the stability of a historic location with the high-yield performance of a modern multi-family asset. One is 3 Bedrooms , 1 Bathroom, the other is 4 bedroom 1 bath , BONUS, Buy the house next-door and have even more rental potential, See 518 Flatt Spur Road.

Property Features

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